More Big Tech Earnings, Walmart Ups Its Flipkart Stake
Bloomberg Tech
Bloomberg
4.4 • 69 Ratings
🗓️ 31 July 2023
⏱️ 42 minutes
🧾️ Download transcript
Summary
Bloomberg's Ed Ludlow pushes ahead to earnings from Amazon and Apple later this week and breaks down results from SoFi which surged after raising its revenue forecast. Plus, Walmart pays $1.4 billion to buy Tiger Global Management’s remaining stake in Flipkart, boosting its bet on the Indian retailer.
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.5 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live.com slash Green Festival. |
| 0:31.8 | From the heart of where innovation, money and power collie in Silicon Valley and beyond, |
| 0:37.0 | this is Bloomberg Technology with Caroline Hyde and Ed Ludlow, good morning from San Francisco. |
| 0:57.0 | Caroline Hidesoff today. |
| 1:00.0 | This is Bloomberg Technology. |
| 1:02.0 | Coming up on the program, full coverage of tech earnings |
| 1:04.2 | as Amazon and Apple prepare to report this week. We'll discuss with Denny Fish of Janice |
| 1:09.0 | Henderson. Plus Walmart buying Tiger Global's Flip Kart steak for 1.4 billion dollars. |
| 1:14.7 | We'll break down the company's big bet on the Indian retailer. |
| 1:18.4 | And shares of sofy surging today as the online bank raises revenue guidance, we'll look at the results with CEO |
| 1:25.0 | Anthony Noto. |
| 1:26.4 | For this week's M-Life Pulse survey, we asked investors if they intend to increase or |
| 1:31.5 | decrease their exposure to tech stocks over the next six months. |
| 1:35.6 | That's the question, the data shows many betting that the great tech rally of 2023 has staying power, |
| 1:41.7 | but some appear skeptical skeptical that the artificial intelligence |
| 1:44.6 | era will live up to the hype. |
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